Manufacture
This query is : Resolved
nikhil bapat
(Querist)
12 December 2011
Hi friends
An indian company imports display stands. It outsources the same within India for polishing and minor changes to the original product as per customer requirement.
Does this activity amount to manufacture??
Pls reply
An indian company imports display stands. It outsources the same within India for polishing and minor changes to the original product as per customer requirement.
Does this activity amount to manufacture??
Pls reply
RAMESH KUMAR VERMA
(Expert)
13 December 2011
PLEASE NOTED:
Manufacturer means to make , produce, fabricate, assemble, process of bring to existence, by hand or by machine , a new products having a distinctive name, character or use and shall include process such as refrigeration, repacking, polishing, testing, calibration, re- engineering. Manufacture for the purpose of foreign trade policy 2009-2014 shall also include agriculture, aquaculture, animal husbandry, pisciculture, poultry, sericulture, viticulture and mining.
Manufacturer means to make , produce, fabricate, assemble, process of bring to existence, by hand or by machine , a new products having a distinctive name, character or use and shall include process such as refrigeration, repacking, polishing, testing, calibration, re- engineering. Manufacture for the purpose of foreign trade policy 2009-2014 shall also include agriculture, aquaculture, animal husbandry, pisciculture, poultry, sericulture, viticulture and mining.
NILESHKUMAR
(Expert)
13 December 2011
Please refer Section 2 (f) of Central Excise Act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ETDS return q4 25-26
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
